Management
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Traditionally, the term management is a process of reaching or achieving organization goals by engaging in the four major function of planning, organizing, leading and controlling. Management applies to any kind of organization and applies to all managers at all organizational levels. The aim of managers is to create a surplus and concern with productivity which applies effectiveness and efficiency. This definition recognizes that management is an ongoing activity, entails reaching important goals and involves knowing how to perform the major function of management.
THE FOUR FUNCTIONS OF MANAGEMENT
Planning: It is an act of formulating a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined.
Organizing: To divide the work force into specific groups and giving each group a specific task. Organizing also involves ensuring that a smooth flow of information and co-ordination exists between these groups. Thus the basic aim of organizing is to simply divide the work load and define the tasks while setting up deadlines in such a way that although different groups do different things but they all work together with the help of each other towards achieving the same goal which has been predefined.
Leading (Motivating): Leading or motivating is simply to influence the employee in such a way that their output for the task given is most competent. This includes communication with the work force, recognizing and dealing with the problems they might be facing and also giving them good incentive to put in their best. Incentives can include best performance awards. Further on leading also comprises of maintaining discipline within the organization.